Press release
Orthodontic Market size was valued at USD 7.62 Billion in 2022 and expected to grow at a CAGR of 17.8% by 2029, reaching nearly USD 23.99 Billion
Orthodontic Market Report Scope and Research Methodology:The meticulously prepared report from Maximize Market Research comprehensively covers the Orthodontic Market. It encompasses a detailed analysis of market trends, drivers, and restraints, along with valuable regional insights. The report's findings are based on a robust research methodology that ensures accurate and reliable data analysis.
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Orthodontic Market Dynamics:
The orthodontic market growth is primarily driven by increasing awareness of oral health, growing demand for cosmetic dentistry procedures, and the rising importance of oral aesthetics. The report underscores the role of orthodontic treatments in improving dental and facial irregularities, and highlights the market's focus on corrective solutions such as braces, aligners, and retainers.
The report identifies challenges related to the high cost and lengthy treatment duration associated with orthodontic treatments. These factors hinder market growth, particularly in developing countries where accessibility to orthodontic treatments is limited due to financial constraints.
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Orthodontic Market Regional Insight:
North America leads the orthodontic market, followed by Europe and the Asia Pacific. The report emphasizes the dominance of North America, attributing it to factors like the growing demand for orthodontic treatments, technological advancements, and favorable reimbursement policies. The Asia-Pacific region, especially China, India, Japan, and South Korea, exhibits significant growth potential due to rising disposable incomes, awareness of oral health, and the adoption of advanced orthodontic technologies.
Orthodontic Market Trends:
The report highlights two prominent trends shaping the orthodontic industry:
1. Clear Aligners: Clear aligners are gaining popularity as a discreet alternative to traditional braces. This trend reflects a preference for less visible orthodontic treatments, particularly among adults seeking aesthetic solutions.
2. Teleorthodontics: The rise of teleorthodontics involves remote communication technologies for orthodontic care. This trend addresses the demand for convenient and accessible healthcare solutions, enhancing patient experiences and treatment outcomes.
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Orthodontic Market Segmentation:
by Product
1. Brackets
1. Fixed Brackets
1. Brackets
2. Bands & Buccal Tubes
3. Archwires
4. Others
2. Removable Brackets
1. Aligners
2. Retainers
3. Others
2. Anchorage Appliances
1. Bands And Buccal Tubes
2. Miniscrews
3. Ligatures
1. Elastomeric Ligatures
2. Wire Ligatures
4. Archwires
1. Stainless Steel
2. Nickel Titanium
3. Beta Titanium
4. Other Archwires
5. Orthodontic Adhesives
1. Dental Cement
2. Bonding Agents
3. Other Adhesives
by Accessories and Tools
1. Archwire cutters
2. Pliers
3. Ligature Directors
by Patient Group
1. Adults
2. Children
by End User
1. Dental Clinics & Dental Laboratories
2. Hospitals
3. Others
The Dental Clinics & Dental Laboratories category dominated the worldwide orthodontic market and held the biggest market share based on End Users. By 2029, the segment is anticipated to have the largest market share, exceeding 60%, with a CAGR of 17.2%. The main factors driving the expansion of the segment are the expanding number of dental facilities around the world and the widespread usage of cosmetic dentistry by both small and large-scale dental offices. Additionally, the expansion of dental clinics, particularly in developed nations, is anticipated to promote market expansion.
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Orthodontic Market Key Players:
1. 3M Company
2. Align Technology Inc.
3. Danaher Corporation
4. Dentsply Sirona Inc.
5. G&H Orthodontics, Inc.
6. Great Lakes Orthodontics, Ltd.
7. Henry Schein, Inc.
8. Rocky Mountain Orthodontics, Inc.
9. Straumann Group
10. TP Orthodontics, Inc.
11. American Orthodontics Corporation
12. DB Orthodontics Ltd.
13. Dentaurum GmbH & Co. KG
14. FORESTADENT Bernhard Foerster GmbH
15. Ormco Corporation
16. Septodont Holding
17. Shinhung Co., Ltd.
18. TOP-Ortho GmbH
19. Ultradent Products Inc.
20. W&H Dentalwerk Bürmoos GmbH
21. 3Shape A/S
22. Planmeca Oy
23. GC Corporation
24. Kuraray Noritake Dental Inc.
25. VITA Zahnfabrik H. Rauter GmbH & Co. KG
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Table of content for the Orthodontic Market includes:
1. Global Orthodontic Market: Research Methodology
1. Global Orthodontic Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
1. Global Orthodontic Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
1. Global Orthodontic Market Segmentation
• Global Orthodontic Market, by Product (2022-2029)
• Global Orthodontic Market, by Accessories and Tools (2022-2029)
• Global Orthodontic Market, by Patient Group (2022-2029)
• Global Orthodontic Market, by End User (2022-2029)
1. Regional Orthodontic Market(2022-2029)
• Regional Orthodontic Market, by Product (2022-2029)
• Regional Orthodontic Market, by Accessories and Tools (2022-2029)
• Regional Orthodontic Market, by Patient Group (2022-2029)
• Regional Orthodontic Market, by End User (2022-2029)
• Regional Orthodontic Market, by Country (2022-2029)
1. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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